Equated monthly installment. An equated monthly installment (EMI) is defined by Investopedia as A fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month, so that over a specified number of years, the loan is paid off in full..
Quote definition, to repeat (a passage, phrase, etc.) from a book, speech, or the like, as by way of authority, illustration, etc. See more.
If itâs been a while since you brushed up on your quotation mark uses, check out these 10 rules you really ought know. #1: Quotation Marks Are for Quoting PeopleâVerbatim. Perhaps it should go without saying, but quotation marks are for quoting people. Quoting doesnât mean summarizing or paraphrasing; it means repeating exactly what someone said. If you put double quotes around a phrase, your reader will often assume that someone, somewhere, said that exact phrase or sentence.